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Funding your course

Newcastle College Business Academy aims to provide you with the best value possible when you decide to enrol onto one of our online learning courses. The following information should help you decide upon how you could fund your new course, should you need more help or would like to discuss your financing options, please make contact with our commercial team who can take you through your options. Either call on 0191 226 6313 or email​

Advanced Learner Loans

Advanced Learner Loans can be used to fund some of our Professional Qualifications, accrediting bodies that have fundable courses include; AAT, ILM and CILEx. These are government backed loans to help you pay for selected level 3 and 4 courses.

Loans have to be paid back. however you won't have to pay anything back until you earn more than £21,000 a year. The loan doesn't depend on your income and there are no credit checks. For more information or to apply we've, please click here.

The 24+ Advanced Learner Loan system is changing from 1st August 2016, opening up opportunities for learners aged 19+.

The Advanced Learner Loan is intended to help learners pay their course fees for eligible courses, the loan pays the course fee charged by the college or training provider. For courses that begin before 1 August 2016, learners must be aged 24 or over and be studying for an eligible qualification at level 3 or 4 but from 1st August 2016 things are about to change.

On or after 1 August 2016 learners aged 19 or over who are studying for an eligible qualification at level 3 to 6 can apply for an Advanced Learning Loan, therefore opening up this stream of funding to learners at a younger age who were previously not eligible. The new system will also expand the opportunity to study at level 5 and 6, previously level 4 was the highest level funded by Advanced Learning Loans.

The amount of money available to the learner depends on their course; the minimum they can borrow is £300. It’s easy to apply, there’s no credit check and the learner’s household income isn’t taken into account.

Learners won’t have to pay anything back until they’ve finished their course and are earning over £21,000 a year. Repayments are linked to what the learner earns, not what they owe; they pay back 9% of the money they earn over £21,000. Repayments are taken directly from the learner’s wages through the tax system and they can make voluntary repayments at any time.

The repayment calculator for Advanced Learner Loan can be used by prospective learners to work out an estimate of how much their loan will cost and how long it will take them to repay.

Learners can find out more about the Advanced Learner Loan and apply at

To apply, a learner will need a Learning and Funding Information letter; this will be issued by their learning provider. Learners should apply as early as possible and can change details of their application later if they need to.

Newcastle College Business Academy currently deliver ILM Level 3 & 4 Diploma’s, AAT Level 3 and 4, CILEx Level 3, all funded by an Advanced Learner Loan, for more details visit our courses section of our website.

Higher Education Tuition Fee Loan

(to fund Foundation Degrees and BA (Hons) degrees)

To view the Foundation Degrees and BA (Hons) programmes delivered by To view the Foundation Degrees and BA (Hons) programmes delivered by Newcastle College Business Academy please click here.

You could be eligible to fund your tuition fees by taking out a tuition fee loan through Student Finance England. You wouldn't have to pay your fees upfront and, in most cases, you won't have to repay anything until your course is finished your course.

  • You can pay all or part of your fees with a tuition fee loan
  • Repayments are based on what you earn, not what you owe, you only start repaying your loan if / when you earn over £21,000 per year. Any outstanding balance on a student loan is written off after 30 years.
  • Fee loans are not means-tested, therefore income from other family members is not taken into account
  • You'll apply for your fee loan directly from Student Finance England. You'll apply for your fee loan directly from Student Finance England. You'll apply for your fee loan directly from Student Finance England. Newcastle College Business Academy can support you through the process, the final decision on your eligibility for a fee loan will however be made by Student Finance England.
  • For more information on a Student Loan, contact Student Finance England directly on 0845 300 5090 or click here.

For a quick start finance guide to funding a degree education

If you or a family member are thinking about enrolling onto a degree programme, you may find this simple to use step by step guide to funding a useful starting point.

Monthly interest free instalments

Professional Courses

For learners funding their own fees, we can arrange for a pre-agreed instalment plan.

  • Courses fees from £200 - £299: 50% at enrolment, plus 50% in the following month
  • Courses fees from £300 – £599: 30% at enrolment, plus 2 equal instalments in successive months
  • Courses fees from £600 + 20% at enrolment, plus max 4 equal instalments in successive months

The final instalment date must not extend beyond the length of the course.

Self Funding learners are required to agree their preferred installment plan upon enrolment, payment methods and dates will be highlighted on your Learner Agreement form, this will need signing before the course induction.

N.B. Courses must be paid in full before the final exam can be taken.

Newcastle College Business Academy delivers a range of courses and programmes aimed at supporting learners with career progression, if your chosen course is aligned with your job or career aspirations you could ask your employer to sponsor your course by paying some or all of the fees.

You can arrange partial sponsorship and still qualify for a student loan or Advanced Learner Loan or you may wish to pay the balance yourself by instalments.

Your employer would simply need to complete an NCG sponsorship acknowledgment form and return to​ Sponsored fees are payable within 28 days of course start date.

HE Programmes

For learners funding Higher Education programmes, such as Foundation Degrees and BA (Hons) we can arrange for interest free instalment plans for up to 7 monthly payments for each year of the programme.

N.B. Our BA (Hons) top up degrees are set as one year programmes, if learners choose to study this 1 year programme over 2 years, we will still require the learner to pay for the programme within the 7 month instalment period.

Credit, Debit Card or Cheque

You can pay part or all of your tuition fees upfront securely with a debit or credit card. We accept most well-known credit and debit cards.

Contact our credit services team on the following telephone numbers 0191 200 4094, 0191 200 4095 or 0191 200 4099 during office hours. You'll need to make sure you have your student ID number (speak to a member of the Contact our credit services team on the following telephone numbers 0191 200 4094, 0191 200 4095 or 0191 200 4099 during office hours. You'll need to make sure you have your student ID number (speak to a member of the Newcastle College Business Academy team if unsure) and of course your credit or debit card details.

If you're paying by cheque, simply ensure the cheque is posted/delivered to the following address, (reference written on back of cheque) you must again attach a covering letter with your name, address and student ID number to ensure we apply the payment against your own student ID.

Credit Control Department,
Shared Services, Newcastle College,
Rye Hill Campus,
Newcastle upon Tyne NE4 7SA

Internet Banking / BACS

This can be done via your bank by quoting the following Newcastle College bank details

HSBC Sort Code: 40-34-18
Account Number: 01793993
Account Name: Newcastle College

Please email remittance advice to

Please ensure you quote your customer account number or the invoice numbers relating to the payment as a reference to avoid delays in posting the payment to your account.​​

Interested in a course?

If you’d like to find out more about our distance learning courses, please contact our enquiries team.

0191 226 6313


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